economy, it is phenomenal. some estimates think it will add 0.3% per an mum to growth over five years. the uk probably doesn't have quite that potential, but it could still be significant. >> all right. thanks for that. more to come in just a second. so very poor industrial manufacturing, down two shut downs at the buzzard oilfields. so not necessarily what those figures seem at first glance. european stocks down marginally. ftse up nine points, xetra dax at pretty much the early 2008 level. 7530. my eyes are going. it's age. right. let's just recap what else is going on. y yen rising to a session high. at the moment 82.38. let's get more on the market reaction from the nikkei. >> hi. a very strong earthquake hit at 5:18 p.m. the center was closest to miyagi prefecture. it had an estimated magnitude of 7.3. tsunami warning was issued for miyagi prefecture and around 6:00 p.m., a one meter high tsunami was recorded. tokyo electric power, the operator of the fukushima nuclear plant, reported no irregularities. a